US DOLLER INDEX (DXY) ACTION: BUY A present close above 97.72 expose the next resistance at 99.48 then next week TP is 99.48. Contrast, a close below 97.72 expose the next support at 96.39. Bollinger band: A break out at the upper band of the Bollinger Band indicate a Buy signal. RSI analysis (14, close): At 61.8309 indicate a strong Buy on...
it is at support. there is tendency for a long here. Break from the support will see the price of xlm moving lower.
Watch the trendlines and make your decisions
Now, it is better to wait till Tuesday to get the direction of the pair. It is at support. with so much sell pressure it might break the support line if the bulls didn't step in. so, Let's wait to get a clear direction of the pair
It is at the resistance level and so a short is expected and above the resistance is a Long
presently at the resistance level. I will sell here
Now at the Resistance level. Hopefully a short
I am expecting a fall to the first support line. If the first support didn't hold then the next support line should be in view. If the first support holds, then a push up to higher price will be anticipated. Just watch the lines
From the trend analysis, It clearly shows a downward movement for GBPJPY. If the trend breaks above the resistance line, it will be at upward movement while a downward movement to 140.00. Also a confirmation from the bollinger bands. It shows a movement along the lower band of the bollinger bands.
We should be expecting a push up of EUR/USD to 1.1620 resistance level. A break out from resistance will push the price of EUR/USD further to 1.1770 or a reversal to 1.1510 or further down to 1.1410. A fall from 1.1410 will push the price way way down. Critical price to watch is 1.1620.
A breakout from the triangle has occurred. The RSI shows an upward movement intention